Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Biden expects gasoline prices to fall in 2022

Published 10/21/2021, 09:03 PM
Updated 10/21/2021, 09:07 PM
© Reuters. U.S. President Joe Biden delivers remarks on infrastructure legislation at the Electric City Trolley Museum in Scranton, Pennsylvania, U.S. October 20, 2021. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) - President Joe Biden said on Thursday he expects gasoline prices to fall in 2022 and that any further price reduction depends on factors such as the actions of Saudi Arabia.

Earlier today, Reuters reported that U.S. antitrust regulators have extended the approval process https://www.reuters.com/business/energy/exclusive-us-slows-down-oil-gas-mergers-sources-2021-10-21 for at least five oil and gas mergers and acquisitions in the last three months, as the Biden administration scrutinizes deals to tackle soaring energy prices.

Latest comments

lets go Brandon
Sure. Just like that, it will start falling. Can he tell me to what price?
The man has no clue about what is happening. He just reads from his script and goes back to play room for his meds. Meanwhile the WH plan to solve US energy is for OPEC+ to pump more oil. All are waiting for explanation on how OPEC+ pumping more oil reduces emission while paying higher prices or worse yet, do without. in less than six months US has gone from energy independent to a policy of clueless ideology of green unicorns.
one term president
Or less...
Boooo ha ha ha ha!!!!!
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.